Kismet Kapital
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Direct Lending

We now lend directly.

Kismet Kapital originates and funds residential bridge and rental loans on our own paper — $50,000 to $3,000,000, nationwide. Same underwriting discipline, one less party between you and the close.

Download tear sheet (PDF)Submit a loan request
$50K – $3MM
Loan size
Up to 90%
Purchase LTC
100%
Rehab funded
30 yrs
Rental term
Programs

Our lending solutions

Twelve programs across bridge, rental, and long-term fixed. Terms below are current as of the latest tear sheet.

Bridge Loans

Fix and Flip

Purchase plus rehab capital for 1–4 unit residential business plans.

  • 90% of purchase
  • 100% of rehab
  • 75% max ARV
Property types
Residential (1–4 units)
Loan amount
$50,000 – $3,000,000
Maximum loan to cost
  • 90% of purchase
  • 100% of rehab costs
Maximum loan to ARV
75%
Term length
12 months, up to 18 at lender discretion
Recourse
Full recourse
Request terms

Bridge Loans

Ground Up Construction

Land plus 100% of construction for 1–4 unit new builds, drawn to milestones.

  • Up to 85% LTC
  • 100% of construction
  • 12–24 months
Property types
Residential (1–4 units)
Loan amount
$50,000 – $3,000,000
Maximum loan to cost
  • Up to 75% of the lower of land value or purchase price (60% if unpermitted), plus 100% of construction
  • Max 85% of total project costs (90% if interest reserve is financed)
  • LTC catch-up draw to raise initial advance to 75% at approval of required plans/permits post-closing
Maximum loan to ARV
70%
Term length
12–24 month terms available
Recourse
Full recourse
Request terms

Bridge Loans

Stabilized Bridge — No DSCR

Bridge financing on a recently renovated or constructed property that is currently or soon to be listed for sale.

  • 85% LTC
  • 70% LTV
  • 660 min FICO
Loan amount
$50,000 – $3,000,000
Term length
12 months, up to 18 at lender discretion
Property types
Single family / 2–4 unit / townhomes / PUD / warrantable condos
Max LTC
85% of purchase price + verified completed capex if property owned < 6 months
Max LTV
70%
Min DSCR
N/A
Property condition
C2 or better
Min FICO
660
Collateral restrictions
Property value within 90th percentile of market. No rural, exotic, or unique properties.
Request terms

Bridge Loans

Stabilized Bridge — DSCR Exit

Bridge financing on a property currently rented or soon to be rented, but not yet ready for permanent financing.

  • 85% LTC
  • 70% LTV
  • 1.10x exit DSCR
Loan amount
$50,000 – $3,000,000
Term length
12 months, up to 18 at lender discretion
Property types
Single family / 2–4 unit / townhomes / PUD / warrantable condos
Max LTC
85% of purchase price + verified completed capex if property owned < 6 months
Max LTV
70%
Min DSCR
1.10 exit DSCR based on lower of in-place rent and market rent
Property condition
C4 or better with no deferred maintenance
Min FICO
660
Collateral restrictions
No rural, exotic, or unique properties
Request terms

Rental Loans

Single Property Rentals

30-year fixed and hybrid ARM take-out debt for individual rental properties.

  • 80% LTV
  • 1.05x DSCR
  • 30-year term
Property types
Single family / 2–4 unit / townhomes / PUD / warrantable condos
Loan amount
$75,000 – $2,000,000
Loan types
  • 30-year fixed rate mortgage (fully amortizing or partial IO)
  • 5/6, 7/6, 10/6 hybrid ARMs (partial IO or fully amortizing)
Maximum loan to cost
If owned < 3 months, 80% of total cost basis
Max loan to as-is value (subject to min FICO)
  • Purchase / rate-term refinance: 80%
  • Cash-out refinance: 75%
Minimum DSCR (gross rent / PITIA)
1.05x
Term length
30 years
Recourse
Full recourse only
Minimum guarantor FICO
Mid-score of 660
Lease requirements
  • Leased units: lower of (i) in-place rent and (ii) market rent
  • Unleased units: 100% of market rent (purchase loans only, or 1 unit of a 2–4 unit refinance)
Request terms

Rental Loans

Rental Portfolios

Cross-collateralized 30-year debt for multi-property rental portfolios.

  • 80% LTV
  • $2MM max
  • 680 min FICO
Property types
Single family / 2–4 unit / townhomes / PUD / warrantable condos
Loan amount
  • Minimum property value: $100K
  • Maximum loan amount: $2MM
Loan types
  • 30-year fixed rate mortgage (fully amortizing or partial IO)
  • 5/6, 7/6, 10/6 hybrid ARMs (partial IO or fully amortizing)
Maximum loan to cost
If owned < 3 months, 80% of total cost basis
Max loan to as-is value (subject to min FICO)
  • Purchase / rate-term refinance: 80%
  • Cash-out refinance: 75%
Minimum DSCR
  • Portfolios ≤ $2MM and ≤ 10 properties: 1.05x (gross rent / PITIA)
  • All other portfolios: 1.20x (net cash flow / debt service)
Term length
30 years
Recourse
Full recourse
Minimum guarantor FICO
Mid-score of 680
Lease requirements
  • Minimum occupancy rate of 90% by unit count
  • Leased units: lower of (i) in-place rent and (ii) market rent
  • Unleased units: 100% of market rent (purchase loans only)
Request terms

Long-Term Fixed

Investor 1–4 — 30 Year Fixed

Long-term, fully amortizing fixed-rate financing for 1–4 unit investment property, with no balloon payment.

  • Up to 75% LTV
  • Up to $2MM
  • 30-year term
Property types
Residential investment property (1–4 units)
Loan amount
$75,000 – $2,000,000
Purpose
Purchase, rate-and-term refinance, cash-out refinance
Maximum LTV
Up to 75%, depending on credit profile
Maximum CLTV
90%
Term / amortization
30 years, fully amortizing (shorter terms available)
Lending locations
Nationwide
Income verification
Simple documentation
Foreign investors
Eligible up to 65% LTV, ITIN accepted
Experience
First-time buyers ineligible; first-time investors take a 5% LTV reduction
Prepayment
5-year declining prepay, with a buydown option
Request terms

Long-Term Fixed

Investor 1–4 — High-Equity Fast Qualification

A streamlined credit path for investors with substantial equity who want a quick, simple approval.

  • 50% LTV
  • No minimum credit score
  • 30-year term
Property types
Residential investment property (1–4 units)
Maximum LTV
50%
Loan amount
Up to $2,000,000
Purpose
Purchase, refinance, cash-out
Credit score
No minimum required
Bankruptcy / notice of default
Eligible 1 day from discharge
Mortgage lates
Acceptable
Title seasoning
1 day
Term / amortization
30 years (shorter terms available)
Lending locations
Nationwide
Foreign investors
Eligible, ITIN accepted
Request terms

Long-Term Fixed

Investor 1–4 — Short-Term Interest-Only

A 24-month interest-only option with no prepayment penalty, for investors who need flexibility without a long-term commitment.

  • Up to 75% LTV
  • 24 months I/O
  • No prepay penalty
Property types
Residential investment property (1–4 units)
Loan amount
$75,000 – $2,000,000 (loans above $1MM capped at 70% LTV)
Maximum LTV
Up to 75%
Purpose
Purchase, refinance
Term
24 months, interest only
Prepayment premium
None
Lending locations
Nationwide
Experience
First-time investors capped at 65% LTV
Foreign investors
Eligible up to 65% LTV, ITIN accepted
Request terms

Long-Term Fixed

Investor 1–4 — Large Balance

Large-balance, long-term fixed financing for seasoned investors in major metropolitan markets.

  • $2MM – $10MM
  • Up to 65% LTV
  • 30-year term
Property types
Residential investment property (1–4 units)
Loan amount
$2,000,000 – $10,000,000
Maximum LTV
Up to 65%, depending on credit profile
Maximum CLTV
90%
Purpose
Purchase, rate-and-term refinance, cash-out refinance
Term / amortization
30 years, fully amortizing (shorter terms available)
Lending locations
Major metropolitan areas
Income verification
Simple documentation
Foreign investors
Eligible up to 65% LTV, ITIN accepted
Experience
Seasoned investors only
Request terms

Long-Term Fixed

Multi-Family & Mixed-Use — 30 Year Fixed

Long-term fixed-rate financing for 5+ unit multifamily and mixed-use property nationwide, with no balloon payment.

  • Up to 75% LTV
  • From $100K
  • 30-year term
Property types
Multifamily (5+ units) and mixed-use
Loan amount
$100,000 minimum
Maximum LTV
Up to 75%, depending on credit profile
Maximum CLTV
90%
Purpose
Purchase, rate-and-term refinance, cash-out refinance
Term / amortization
30 years, fully amortizing (shorter terms available)
High-equity option
A streamlined qualification path is available at 50% LTV
Lending locations
Nationwide
Income verification
Simple documentation
Foreign investors
Eligible up to 65% LTV, ITIN accepted
Request terms

Long-Term Fixed

Commercial — 30 Year Fixed

Long-term fixed-rate financing for office, retail, warehouse, self-storage, and automotive-use property.

  • Up to 70% LTV
  • From $100K
  • 30-year term
Property types
Office, retail, warehouse, self-storage, automotive
Loan amount
$100,000 minimum
Maximum LTV
Up to 70%, depending on credit profile
Maximum CLTV
90%
Purpose
Purchase, rate-and-term refinance, cash-out refinance
Term / amortization
30 years, fully amortizing (shorter terms available)
High-equity option
A streamlined qualification path is available at 50% LTV
Lending locations
Nationwide
Income verification
Simple documentation
Foreign investors
Eligible up to 65% LTV, ITIN accepted
Request terms

Terms are indicative, subject to underwriting, appraisal, and final credit approval, and may change without notice. Not a commitment to lend.

Also available

A broader range for 1–4 unit investors

Beyond the programs above, investors can now access longer-term, larger-balance, and more flexible options.

  • Long-term fixed financing

    Fixed-rate financing up to $2,000,000, with a large-balance option up to $10,000,000 for seasoned investors in major metros.

  • Fast qualification

    A streamlined approval path for high-equity investors who want to move quickly with a lighter documentation burden.

  • Short-term interest-only

    An interest-only bridge option for investors who need flexibility without committing to a long-term loan.

Mortgage professional? Download current rate matricesMulti-family & mixed-use financingCommercial real estate financing

Documentation

Direct Lending Tear Sheet

Full program matrix — bridge and rental — in one PDF. Share it with your borrowers, partners, and referral network.

Download PDFView in browser

Investor program facts

Kismet Kapital offers long-term fixed financing on residential investment property up to $2,000,000.

A large-balance option is available up to $10,000,000 for seasoned investors in major metros.

A short-term interest-only bridge option is available for investors who need flexibility without a long-term commitment.

A fast-qualification path is available for high-equity investors seeking a quicker approval.

All Kismet Kapital programs are business-purpose loans for investment property, not owner-occupied consumer mortgages.

Frequently asked questions

Does Kismet offer interest-only financing for investors?

Yes. A short-term, interest-only bridge option is available for investors who want lower carrying payments and flexibility without committing to a long-term loan.

What's the maximum loan amount for a residential investment property?

Long-term fixed financing runs up to $2,000,000, with a large-balance option up to $10,000,000 for seasoned investors in major metropolitan markets.

Is there a faster approval path for investors with strong equity?

Yes. High-equity investors can use a streamlined qualification route designed for speed, with a lighter documentation burden than the standard review.

Are these consumer mortgages?

No. Every Kismet Kapital program is a business-purpose loan secured by investment property, not an owner-occupied consumer mortgage.

Does Kismet lend on properties larger than four units?

Yes — multi-family and mixed-use properties of five units and above, and commercial property, are financed under separate long-term programs.

How fast can a bridge loan close?

Bridge transactions typically close in 30 to 60 days once the scenario, budget, and exit are documented.

Engage

Have a loan to place?

Send us the scenario — purchase price, rehab budget, exit, and FICO — and we'll come back with terms.

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